Celanese acquires POM technology and sales agreements from Grupa Azoty

Celanese Corporation acquired certain technology for polyacetal (POM) production and existing Tarnoform sales agreements from Grupa Azoty S.A. The transaction does not include employees, tangible assets, or manufacturing facilities. It is expected to close in early July 2021.

“Celanese Corporation today announced that it has acquired certain technology relating to the production of polyacetal (POM) products from Grupa Azoty S.A. of Tarnow, Poland, after its decision to discontinue its POM manufacturing.”celanese.com

• 3 sources
• celanese.comCELANESE ACQUIRES POM TECHNOLOGY AND SALES AGREEMENTS FROM GRUPA AZOTYJun 22, 2021
• finance.yahoo.comCelanese to buy ExxonMobil's Santoprene business for $1.15 billionReutersJun 30, 2021
• plasticstoday.comCelanese Acquires ExxonMobil’s TPV BusinessStephen MooreJul 2, 2021

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